Labor productivity in Britain and America during the nineteenth century
By: Stephen N. Broadberry, Douglas A. Irwin.
Contributors: Irwin, Douglas  A., 1962-; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10364; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10364.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Labor productivity -- United States -- History -- 19th century.; Labor productivity -- Great Britain -- History -- 19th century.
Description: "A number of writers have recently questioned whether labor productivity or per capita incomes were ever higher in the United Kingdom than in the United States.  We show that although the United States already had a substantial labor productivity lead in industry as early as 1840, especially in manufacturing, labor productivity was broadly equal in the two countries in agriculture, while the United Kingdom was ahead in services.  Hence aggregate labor productivity was higher in the United Kingdom, particularly since the United States had a larger share of the labor force in low value-added agriculture.  U.S.  overtaking occurred decisively only during the 1890s, as labor productivity pulled ahead in services and the share of agricultural employment declined substantially.  Labor force participation was lower in the United States, so that the United Kingdom's labor productivity advantage in the mid-nineteenth century translated into a larger per capita income lead"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.